Published by: D. P.
Kathleen has more than 30 years of global real estate experience, working for a leading international investment bank and law firms across diverse asset classes and markets.
Between 2021 and 2024, she served as a senior advisor to URW’s Supervisory and Management Boards in relation to the Group’s successful deleveraging strategy, supporting on the divestment of 17 US assets for a total value of $3.3 Bn.
Jacques Richier, Chairman, URW, said: “Kathleen’s global real estate experience, combined with her deep knowledge and understanding of the URW business and asset portfolio, make her a highly complementary addition to the Management Board. The Group has the right leadership team in place to deliver the ‘A Platform for Growth’ business plan.”
Taking on the role previously held by CEO-elect Vincent Rouget, Kathleen will be responsible for implementing the Group’s disciplined capital allocation framework as presented within the “A Platform for Growth” 2025-2028 business plan.
This includes strategic oversight of investments across URW’s unparalleled flagship retail portfolio, unlocking growth through a value-accretive capital recycling strategy to create new development and asset-light co-investment opportunities anchored by Westfield’s attractive ecosystem of performance.
Vincent Rouget, CEO-elect, URW, said: “I am delighted to welcome Kathleen to URW’s Management Board. Thanks to her in-depth understanding of our business, her intimate knowledge of URW teams and corporate culture, as well as her diverse global real estate investment and finance skillset, Kathleen is a great addition to our experienced Management Board. Kathleen will be a powerful contributor to the delivery of our ‘A Platform for Growth’ business plan, with a focus on our highly disciplined capital allocation framework with effective capital recycling and a streamlined development pipeline.”
